Image of Orange jelly spot

Description:

Slo.: pahljacasta solzovka - Habitat: Dry mountain pasture with stumps of cut down trees, southeast oriented mild slope, fairly sunny, fully exposed to precipitations, average precipitations ~3.000 mm/year, average temperature 7-9 deg C, elevation 620 m (2.000 feet), alpine phytogeographical region. Substratum: a dead stump of a cut down Picea abies, partly debarked, otherwise still firm wood. - Comment: Something puzzles me. Dimension and shape of spores seems OK, but I do not see their septation ?? Determination not completely certain.